2-bedroom house · TR9 6FX
For saleListed 98 days
Opportunity summary
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About
This is a 2 bedroom mid terraced house, situated in the popular village of Fraddon. This property benefits from enclosed garden to the rear and allocated parking.
Property Description This attractive mid-terraced home is situated in the popular village of Fraddon and offers flexible accommodation throughout.
Originally a two-bedroom property, one of the bedrooms has been subdivided to create a third room, providing additional living or working space.
The property also benefits from an enclosed rear garden and allocated parking.
Location Harvenna Heights is situated in the village of Fraddon, which benefits from everyday amenities and facilities including pubs, restaurants, doctors and shops.
The village also has good access links to the A30.
Accommodation Offers Ground Floor Living Room Kitchen/Diner Downstairs W/C First Floor Landing Bedroom 1 Bedroom 2 Family Bathroom Exterior Enclosed Rear Garden Allocated Parking Example Share Share price: 50% share £110,000 Full price: £220,000 Monthly rent: £244.83 Monthly service charge: £49.85 Additional shares available subject to affordability *monthly rent and service charge subject to annual review *Staircasing up to 100% Section 106 Restrictions This property is subject to a Section 106 Agreement (s.106) with a local connection requirement to the parish of St Enoder along with a full financial assessment to ensure that the property is affordable and sustainable for you.
The local connection requirement may not apply if you are a serving or previously serving member of the regular armed forces or qualifying under any other clause of the Allocation of Housing (qualification criteria for armed forces) (England) regulations 2012.
Properties are allocated on a first come first serve basis subject to meeting the requirements of the s.106 and demonstrating affordability. Lease Details There are 90 years remaining on the lease.
Material Information # Verified Material Information ## Costs and tenure Tenure: Leasehold Lease length: 90 years remaining (99 years from 2017) Service charge: £50/year Shared ownership: 50% owned Council tax band: B EPC rating: B ## The building Mid-terrace house, standard construction Accessibility adaptations: None ## Services Mains electricity Mains water Mains foul drainage Mains surface water drainage Electricity central heating Heating features: Double glazing and air source heat pump Broadband: Fttc (Fibre to the Cabinet) Mobile coverage: O2 good, Vodafone good, Three good, EE good Parking: Off Street and Allocated Not in a controlled parking zone No disabled parking available ## Risks and restrictions Not a listed building Not in a conservation area No tree preservation order Title register restrictions (CL337208): - The owner cannot sell or transfer the property without obtaining a certificate from the landlord.
This certificate confirms that the owner has followed specific rules (Clause 3.21) set out in the lease.
- The lease contains restrictions on 'alienation', which is a legal term meaning the owner's ability to sell, sub-let, or share the property with others is limited.
- The owner is under a legal obligation to give up (surrender) the lease back to the landlord if certain specific circumstances described in the lease occur.
- There are restrictive covenants (legal promises not to do certain things on the land) contained in a 2016 deed involving the local council.
- The ownership does not include any mines or minerals (like stone or metals) under the ground.
A previous owner from 1908 kept these rights and has the power to enter the land to dig for them, though they must pay for any damage they cause to the surface or buildings.
Non-coal mining area: Yes All information is provided without warranty. Contains hm Land Registry data © Crown copyright and database right 2021.
This data is licensed under the Open Government Licence v3.0. The information contained is intended to help you decide whether the property is suitable for you.
You should verify any answers which are important to you with your property lawyer or surveyor or ask for quotes from the appropriate trade experts: Builder, plumber, electrician, damp, and timber expert.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
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FAQ
About 27, Harvenna Heights, St. Columb
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